Africa: UN and European Bank Boost Support for Private Investment in Agriculture
The United Nations Food and Agricultural Organizations (FAO) and the European Bank for Reconstruction and Development (EBRD) today announced they are increasing their efforts to promote private investments in agricultural businesses in the southern and eastern Mediterranean region.
The support will come through a series of new technical assistance projects that seek to develop policies and legal frameworks that create a favourable investment climate and foster private sector involvement in agribusiness in countries like Jordan, Egypt, Morocco and Tunisia.
The projects, produced by FAO in conjunction with EBRD, will include policy discussions between government and private agricultural businesses and will address issues such as improvement of rural infrastructure, increasing food safety standards and developing local skills through adequate training.
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